Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics OCR
  3. Question bank

The allocation of resources

EasyMediumHard
1234567891011121314151617181920212223
Question 4

Which of the following features is exclusively associated with a pure free market economy?

Resources are allocated entirely through the price mechanism with zero government intervention.

The state intervention regulates market prices to protect consumers from monopoly exploitation.

Significant inequalities in the distribution of income and wealth occur within society.

Public goods are fully provided by the public sector to prevent market failure.

The allocation of resources Questions

  1. A Level
  2. /Economics
  3. /The allocation of resources